Bithumb Wins Court Rulings in Bitcoin Crediting Error Lawsuits
South Korean crypto exchange Bithumb has secured its first-instance court wins in two of four lawsuits aimed at recovering money from users who sold Bitcoin that was mistakenly credited to their accounts.
The decisions, handed down by the Seoul Central District Court, mark another step in the exchange's attempt to unwind a high-profile accounting error from February 2026. According to reports, the court ruled in favor of Bithumb on Wednesday and Thursday in two separate cases.
One decision covered a claim of 5 million won (about $3,600), while the other involved 194 million won (about $140,000). The exchange's broader recovery effort follows its February 6 promotional error involving 620,000 BTC. Cointelegraph previously reported that Bithumb confirmed the error after abnormal Bitcoin trades emerged following the promotion.
The company said an employee mistakenly selected Bitcoin as the payment unit instead of Korean won, and credited customer accounts with 620,000 BTC. At the time of the incident, the mistakenly credited Bitcoin was valued at more than $40 billion, according to earlier reporting.